PRESS: Informix in the News

List of Informix related articles. Format: PUBLICATION "Article Name" Summary of Article [Date, Location in Publication, Author] Informix in the News --------------------------------- (08/13/97) CNN ONLINE "Informix sets new course" Monday, Informix CEO and President Robert Finocchio appeared on CNNfn's "Digital Jam" -- CNN's financial news broadcast program -- where he outlined the company's future and answered questions pertaining to the second-quarter financial earnings announcement made last week. Finocchio explained actions being taken to correct policies and reasons for restating 1996 transactions. Additionally, Finocchio made references to hiring additional executive staff, working on operation skills and execution performance within the company, and keeping a strong position in advanced technology. "There's tremendous customer support for the product," Finocchio said in the interview. "I think the marketplace in general wants our company to thrive and be successful." (8/11/97, www.cnn.com, Steve Young) COMPUTER RESELLER NEWS "Informix charts new course" This article reviews Informix's NT strategy, the company's future and plans from a reseller's perspective. "Informix's challenges are not ones of 'Does the product work?' or 'Is there a market there?'," said Informix CEO and president Robert Finocchio. "There is a solid foundation of great products and ... a validated market for the products." Also mentioned were Informix's move to a three-tier architecture, plans for building a channel to address NT products, and a "major" announcement regarding INFORMIX-OnLine Dynamic Server, according to Informix's Brett Bachman. (8/11/97, pg. 125, Shawn Willett) WEB WEEK "Haht to build Informix version of Web tools" Informix received additional coverage on the announcement, made last month at its user conference, with partner Haht Software. The Informix edition of Haht, called HahtSite Integrated Publisher, will provide a visual environment for Web design with support for publishing pages to the database. The agreement also allows Web site designers to mix the HahtSite Web design environment with Informix's Web Application Server. (8/11/97, pg. 21, David Carr) INFOWORLD "Pipeline" Informix has formed a strategic partnership agreement with Lucent Technologies' Inferno Network Software Solutions group to market Inferno 1.1 operating system for use with smart phones and set-top boxes. INFORMIX-Universal Server will be used to deliver multiple data types to all devices across any network. The two companies will first target their combined solution for the telecommunications market; pricing will begin at $108. (8/11/97, pg. 57, staff writer) Additional coverage: CLIENT SERVER NEWS "Billy grams" (8/8/97, pg. 8, staff writer) DATAMATION "Where the rubber meets the road" In this feature article on competitive advantage applications, the recent IT developments made by Sears Automotive Group are discussed, including the development of a "tire point-of-sale" (TPOS) system comprised of INFORMIX-Extended Parallel Server, IBM/Lotus Domino hardware and Boundless Technology PCs in stores. To enhance sales, the $38 billion company made plans to open 875 new stores in the next four years, resulting in a need for a more consolidated, service-oriented operation. "We extended [the Sears Roebuck system running an Informix 2 terabyte data warehouse] significantly and customized it for the tire-selling process," said Sears CIO Steve Junk. (8/97, pg. 49, Anne Knowles) INTERNET WORLD "Dealmakers" Informix, Netscape Communications and Silicon Graphics are pooling resources to become "The Silicon Network," a consortium offering customized Internet, intranet and extranet services. (8/11/97, pg. 16, staff writer) COMPUTERWORLD "Informix/Lawson team" In this brief, Informix and Lawson Software's announcement to bundle INFORMIX-OnLine Dynamic Server with Lawson's client/server application package is reported as Informix's third enterprise vendor deal over the past few months. Other vendors to partner with Informix include Baan Co., which dropped its proprietary database in favor of Informix, and Marcam Corp. which selected Informix in June for its application package. (8/11/97, 55, staff writer) COMPUTER RESELLER NEWS "10-Q: Consolidation watches over channel" Informix received coverage in CRN's second-quarter financial report, which focuses on consolidation within the channel. To overcome current challenges, recommendations made to Informix include stabilizing its finances, formulating a comeback plan and keeping concentrated efforts on Windows NT. Also summarized in the report are Oracle, Microsoft, Sybase, CA and IBM. (8/11/97, pg. 43, Gregory Hale) THE WALL STREET JOURNAL "Informix reports 2nd-quarter loss; net for '96 to be revised sharply lower" Last Friday, Informix reported its second-quarter revenue at $164.7 million, with a loss of $120.5 million. The company said it will restate its 1996 financial results due to errors in the recording of revenue. The reported second-quarter figure includes a charge of $62.1 million due to personal reductions of certain assets. "We've got to cut costs, fix the company's ability to execute, articulate the company's position in the marketplace and get great products out the door," said Informix CEO and President Robert Finocchio. (8/8/97, pg. B14, Quentin Hardy) Additional coverage: BUSINESS WIRE "Informix reports loss, to restate 1996 results" (8/7/97, www.reuters.com, staff writer) C/NET "Informix reports losses, errors" (8/8/97, www.news.com, Mike Ricciuti) COMPUTER RESELLER NEWS ONLINE "Informix drops financial bombshell" (8/8/97, www.crn.com, Steven Burke) COMPUTERGRAM "Informix disaster continues: $120M loss, has to restate 1996" (8/8/97, www.computerwire.com, staff writer) COMPUTERWORLD "Informix posts $120M loss" (8/11/97, pg. 8, staff writer) DOW JONES NEWS SERVICE "Spotlight: Informix reports loss, will restate '96 results" (8/8/97, www.dowjones.com, staff writer) INFORMATIONWEEK ONLINE "Informix reports gloomy financial news" (8/8/97, www.informationweek.com, Lisa Nadile) THE NEW YORK TIMES "Informix to restate financial results" (8/8/97, pg. C6, staff writer) PC WEEK ONLINE "More red ink at Informix" (8/8/97, www.pcweek.com, Tom Schmidt) SAN FRANCISCO CHRONICLE "Informix finds huge accounting mistakes" (8/8/97, pg. C1, Julia Angwin) SAN JOSE MERCURY NEWS "Informix posts a hefty second-quarter loss" (8/8/97, pg. C2, Reuters)